New data shows the average age of U.S. vehicles is 12.6 years old. It’s a new record, and with new vehicles still selling at near-record prices, it’s probably safe to assume that number won’t fall any time soon. Get details at Headlight.News.
Michael Strong
Nissan Puts Brakes on U.S. Production Plans to Rechart Course
Japanese automaker Nissan halted plans to produce electric vehicles in the U.S. until further notice. The company is rethinking what it wants to do with its first set of next-generation EVs in the U.S. Get details at Headlight.News.
Former Jaguar Design Chief Callum Readies First EV for Launch
What is it with car designers wanting to start their own car companies? Former Jaguar Director of Design Ian Callum has developed the Callum Skye EV, a small, off-road oriented vehicle set to debut May 22. Check it out at Headlight.News.
GM, LG Paying $150M to Chevy Bolt Owners Due to Battery Issue
General Motors and its partner, LG Energy Solution, agreed to a $150 million settlement with Chevrolet Bolt owners impacted by defective batteries for the vehicles. The payments range from $700 to $1,400 depending upon certain factors. Find out more at Headlight.News.
New Vehicles Got More Expensive Last Month
A decline in interest rates wasn’t enough to improve the affordability of new vehicles in April. The average new vehicle payment rose slightly, and it’s taking a little bit more of your annual income to afford a new car, truck or SUV. Find out more at Headlight.News.
Today’s EV Skeptics are Tomorrow’s EV Buyers, Study Says
If you’ve got a friend claiming they’ll never buy an electric vehicle, check back with them in a few years. They’ll likely be sharing their secret charging spot with other EV owners, according to a new study. Get the details about the evolution of EV buyers at Headlight.News.
Porsche’s Newest 911 is Faster, More Powerful and Gets Hybrid Variant
After millions of miles of development and testing, Porsche’s planning to show off the newest generation of the iconic 911 to the world. The new version is faster, more powerful and, for the first time, can be had as a hybrid. Get details at Headlight.News.
Kia, Hyundai Surge to Top Spots on Most Stolen List
The impact of the Kia Boyz can be measured in many ways, but the latest method to determine their impact is the simplest: Kia and Hyundai vehicles were the most stolen cars in the U.S. in 2023. They supplanted full-size pickups as the leaders. Check out the story at Headlight.News.
GM Wrapping Production of Malibu to Shift to Bolt EV
Although General Motors is slowing the cadence of its electric vehicle production, it’s not halting it altogether. That’s evidenced by the move to end production of the Chevy Malibu at its plant in Kansas to transition over to the next generation Bolt EV. Find out more at Headlight.News.
Rivian Q1 Earnings Fail to Make Grade, CEO Declines Comment on Apple Talks
EV maker Rivian reported first quarter earnings that were slightly better than its year-ago results but ended up falling short of analysts’ expectations. The company generated more revenue, but increased costs chewed up profits. Find out more about what happened at Headlight.News.
Lucid Reports Mixed Results, Focusing on Growth Over Profit
Nascent EV maker Lucid Motors reported its first quarter results, exceeding expectations in some areas while falling short in others. CEO Peter Rawlinson brushed aside concerns about shortcomings, noting the company was focused on growth, specifically the company’s second vehicle, the Gravity SUV. Get details at Headlight.News.
Car Sales Fall, Ferrari’s New 812 and Polestar Charges in 10 Minutes Top This Week’s Headlight News Podcast
The Headlight News for the Week of 5-6-24 covers Auto Sales Stumble – New Ferrari 812 – Polestar EV Can Charge in 10 Minutes – Kia Telluride Review and This Week in Automotive History. Check out the podcast at Headlight.News.